February 28, 2015 2:25 PM ET

IT Services

Company Overview of Lufthansa Systems AG

Company Overview

Lufthansa Systems AG provides information technology services for airline and aviation industries. It offers consulting, development, and implementation industry solutions. The company also offers passenger management systems, as well as information technology solutions for planning and controlling fleets, aircraft rotations, and crew deployment; systems for pricing; products for aircraft navigation and aeronautical data; application service providing or complete outsourcing; airline management, passenger airline, airline operations, and supplementary airline solutions, as well as air cargo handling solutions; and infrastructure, application, communication, data center, desktop, and infrastr...

Am Weiher 24

Kelsterbach,  65451

Germany

Founded in 1995

Phone:

49 69 696 90000

Fax:

49 69 696 95959

Key Executives for Lufthansa Systems AG

Chairman of the Executive Board and Chief Executive Officer
Age: 50
Senior Vice President of Infrastructure Services
Senior Vice President of Sales - EMEA / South
Senior Vice President of Regional Management Americas
Age: 60
Senior Vice President of Airline Solutions
Age: 51
Compensation as of Fiscal Year 2014.

Lufthansa Systems AG Key Developments

Lufthansa Has No Plans To Sell IT Arm

Deutsche Lufthansa Aktiengesellschaft (DB:LHA) has said it has no plans to sell its IT arm Lufthansa Systems AG. "We had made a decision last year to outsource IT infrastructure and after a long discussion, we decided on IBM. This does not preclude us from further moves in the future. For the time being, no plans to sell the subsidiary," Lufthansa chief executive Karl Ulrich Garnadt said.

Lufthansa Systems Announces Earnings Results for the Nine Months Ended September 2014

Lufthansa Systems announced earnings results for the nine months ended September 2014. The company posted a profit of EUR 21 million, up EUR 4 million for the nine months of 2014.

Wizz Air selects IT solutions from Lufthansa Systems AG

Lufthansa Systems AG announced that Wizz Air has opted for its flight planning and navigation solutions. As a result, Wizz Air will be planning routes based on the Lido/Flight flight planning solution while using the electronic navigation charts of Lido/eRouteManual during flights. Both companies recently signed agreements to this effect. The IT solutions will enable Wizz Air to benefit from efficient route planning, cost reductions and fuel savings. With its modern and user-friendly architecture, Lido/Flight covers all aspects of flight planning. The system provides dispatchers with numerous optimization options regarding flight time, fuel consumption or costs of each flight. Taking into account the latest flight-related data such as weather conditions, total weight and the air traffic situation, Lido/Flight calculates the best routes for each flight from all available options. Lido/Flight also offers a high degree of automation, which considerably eases the workload of flight dispatchers. Lido/eRouteManual includes electronic navigation charts for take-off and landing procedures as well as airport and route charts. These charts are generated based on the Lido/FMS (Flight Management System) navigation database, which contains worldwide aeronautical information and topographical data comprising all important route information including altitude and airport data. The charts also display true-to-scale geographic information such as terrain features and rivers. All Lido/FMS data are updated every 28 days according to the AIRAC cycle. These updates can be transferred to the electronic navigation charts more quickly and easily. Lido/eRouteManual is clearly structured and easy-to-read, giving pilots all of the important information they need at a glance. The level of detail presented in the different zoom levels of the dynamic route charts can be adjusted as needed. The paperless version is also lighter and more ecological.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 22, 2014
Lufthansa Systems AG., IT Infrastructure Division
 

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